Econintersect:  The move was agreed to at emergency talks of eurozone finance ministers Saturday night (9 June 2012).  But this is not a bailout.  This is not a rescue.  According to Spain's Economy Minister Luis de Guindos, this is merely a loan, albeit… more »

The wreckage of Spain’s once booming construction industry is everywhere. And much of it sits as bad debt on the books of Spain’s banks. more »